- 3 - after reaching the age of 70, and anticipates receiving no earned income after that date. * * * * * * * DIVISION OF COMMUNITY PROPERTY * * * * * * * 12. The real property commonly known as * * * Rancho Santa Fe, California, shall be disposed of according to the following terms: A. The residence shall be listed for sale * * * on or before February 1, 1994. * * * The residence shall remain listed until sold. * * * * * * * * * * C. Wife may have the use and possession of the residence on the condition that she maintain the residence and yard in satisfactory condition, normal wear and tear excepted. Husband shall have the right to occupy the residence for principal residential use purposes including sleeping, cooking and eating and attending to his personal hygiene needs. In case of any dispute, Wife shall have the first right to occupy the premises. Husband shall also have the right to store any items of personal property awarded to him in the premises until the sale is consummated. * * * * * * * E. Until the sale of the residence is consummated or until September 1, 1994, whichever first occurs, Husband shall pay on a current basis, without the right to reimbursement, real property taxes, principal and interest payments on the notes secured by deeds of trust on the residence and fire and liability insurance for the residence. In addition, Husband shall pay on a current basis all charges for trash pickup, the water bill, and the gardener for one day a week, and pool maintenance. If the house is not sold by September 1, 1994, and the Wife continues to reside in the house, the Wife shall pay all the aforesaid taxes, principal and interest on the notes, insurance and maintenance costs as and for reasonable rental for such use or the actual fair rental value, whichever isPage: Previous 1 2 3 4 5 6 7 8 9 10 11 Next
Last modified: May 25, 2011